What are my options facing foreclosure in texas?

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Top Tips / Actions if in Foreclosure in Texas? 

1) Do Nothing  

     (lose it all, 250-point deduction in credit score, and not able to buy a home for 5 years)

2) Catch Up On Your Payments 

     ( sell assets or ask friends and family to assist, your loan must be in good standing for 3 months before         being able to refinance)

3) Loan Modification 

     (your FIRST call should be to your mortgage company and ask for payment plans or modifications.  Most lenders will make concessions up  to 6 months)

4) File Bankruptcy 

    (options for personal and business to repay the debt or to clear all debts, last option.  Contact an attorney for more assistance.)

5) Sell the Home 

    (limited time line to foreclosure court, must be a cash offer due )

6) Foreclosure Bail Out Loan

     ( investment properties only with 50% more equity)

7) Subject To Financing 

      (Match you up with an investor or home owner and get paid for your equity (if possible) and we will to help fix your credit up to 5 years. call for more info)

I want to be very clear, we will try and save your property from foreclosure,  but not everyone is in a position to save their property, does not matter what top foreclosure tips or hacks you read on the internet.

We are actively looking for homeowners facing foreclosure in Fort Bend County or Wharton County, Harris County.  We urge you to take action, please do not let the property go to auction. 

WHAT IS A FORECLOSURE BAILOUT LOAN?

A Foreclosure Bailout loan is considered an asset-based refinance mortgage, based on the current appraised value of the property or asset.  This type of loan program, also known as a Bailout Foreclosure Loan, is an additional loan taken out to refinance and pay off the existing mortgage that is in default.  Foreclosure Bailout Loans are to save investment properties from having their properties foreclosed upon by the bank.   Only available on Rental Property with 50% or greater equity.

 If you are facing foreclosure give me a call 713-301-0007 or email adam@bartlinglending.com